Franklin Homes under $200,000

Welcome to Franklin, Ohio – a charming city nestled in Warren County that beautifully blends small-town warmth with modern conveniences. Known for its rich history and vibrant community spirit, Franklin offers a delightful atmosphere for families, young professionals, and retirees alike. With its picturesque parks, friendly neighborhoods, and a strong sense of community, it’s no wonder that many are choosing to call Franklin home.

One of the most appealing aspects of Franklin is its affordability, particularly when it comes to housing. If you’re looking for homes under $200,000, you’ll find a variety of options that cater to different tastes and needs. From cozy single-family homes to inviting townhouses, Franklin’s real estate market offers something for everyone. These budget-friendly properties not only provide a great entry point for first-time buyers but also present excellent investment opportunities for those looking to expand their real estate portfolio.

Franklin’s location is another significant advantage. Situated just a short drive from the bustling cities of Dayton and Cincinnati, residents enjoy easy access to a wealth of shopping, dining, and entertainment options while still being able to retreat to the tranquility of their suburban haven. The city is also home to several well-regarded schools, making it an ideal choice for families seeking a nurturing environment for their children.

With its welcoming community, affordable housing, and prime location, Franklin, Ohio, is truly a hidden gem waiting to be discovered. Explore the possibilities today and find your perfect home in this delightful city!

Newest Franklin Homes under $200,000

$179,900

3 Beds ⋅ 1 Baths ⋅ 970704 MLS ⋅ Paul Ostermann

3 bedroom brick ranch, attached garage, dining room, near schools, owner will soon be remodeling bathroom and replacing flooring. Then price will go up.

771 Martha Drive, Franklin

Courtesy of Paul Ostermann and Coldwell Banker Heritage

$189,900

4 Beds ⋅ 3 Baths ⋅ 970596 MLS ⋅ Paul Ostermann

Large 4 bedroom, large rooms, new windows, newer HVAC

30 W 2nd Street, Franklin

Courtesy of Paul Ostermann and Coldwell Banker Heritage

$117,000

1 Beds ⋅ 1 Baths ⋅ 970412 MLS ⋅ Paul Ostermann

Under $100,000, great for investor. Off street parking. Possible 2nd bedroom.

312 Hill Avenue, Franklin

Courtesy of Paul Ostermann and Coldwell Banker Heritage

$149,900

2 Beds ⋅ 1 Baths ⋅ 968640 MLS ⋅ Melissa Bolser

Updated and move in ready. This 2 bedroom, 1 bath home offers recent cosmetic updates including new flooring, paint, lighting, and a refreshed bathroom. Some of the major mechanicals have already been addressed with a new roof, newer furnace and hot water heater. Storage shed included. A great opportunity for an owner occupant or investor

715 South Avenue, Franklin

Courtesy of Melissa Bolser and Sibcy Cline, Inc.

$190,000

2 Beds ⋅ 2 Baths ⋅ 968864 MLS ⋅ R. J. McQuay IV

Welcome to your ultimate retreat in the heart of the vibrant Georgetown Condos community. A turnkey kitchen makes moving in a breeze, leading to a comfortable layout with a private 1-car garage and a spacious primary bedroom with a walk-in wardrobe. Enjoy premium community perks including a pool, snow removal, trash, and exterior care including in HOA. The location couldn't be better, putting you minutes from grocery stores, shopping, a hospital, and quick access to I-75. This home is being sold as-is, and no repairs will be made.

6635 Washington Circle, Franklin

Courtesy of R. J. McQuay IV and Howard Hanna Real Estate Serv

$194,000

2 Beds ⋅ 2 Baths ⋅ 968107 MLS ⋅ Amanda J Leach

Move-in ready with fresh updates throughout! This 2-bedroom, 2 Full bathrooms home features updated flooring, fresh paint, and new kitchen appliances. The living room offers a woodburning fireplace for added character (seller does not warrant). Step outside to the back deck and enjoy the fenced-in yard overlooking the Franklin Golf Course. A great opportunity with a beautiful backyard view and convenient location!

27 Highridge Court, Franklin

Courtesy of Amanda J Leach and Keller Williams Community Part

$125,000

2 Beds ⋅ 1 Baths ⋅ 967456 MLS ⋅ Melissa Bolser

Opportunity awaits! This 2-bedroom, 1-bath home offers nicely sized bedrooms, central air, a fenced yard, and carport. Bring your vision and add value with cosmetic updates. Sold As-Is. Buyer to verify all measurements.

44 Walnut Street, Franklin

Courtesy of Melissa Bolser and Sibcy Cline, Inc.

$159,900

2 Beds ⋅ 1 Baths ⋅ 967485 MLS ⋅ Melissa Bolser

Updated from top to bottom, this move-in ready home offers peace of mind with major improvements throughout, including new HVAC, siding, windows, electrical, flooring, doors, and lighting. The updated kitchen and bathroom complement the extensive improvements inside and out. A turnkey opportunity with all the big-ticket updates already complete.

239 Cedar Street, Franklin

Courtesy of Melissa Bolser and Sibcy Cline, Inc.

$125,000

3 Beds ⋅ 1 Baths ⋅ 966519 MLS ⋅ Tiffanie R Burney

Move-in ready 1.5 story home featuring 3 bedrooms and 1 bath. Spacious living room and large eat-in kitchen with stainless steel appliances. First floor primary bedroom and laundry. The second story was just finished adding 2 bedrooms with a mini-split system for heat/cooling. Covered front and back porch along with a fenced backyard and a carport. Unfinished utility basement housing the HVAC and water heater. Immediate Occupancy! Roof is 12 years old and HVAC was new in 2025. Conventional or Cash buyers only.

24 Hudson Avenue, Franklin

Courtesy of Tiffanie R Burney and eXp Realty

$165,000

3 Beds ⋅ 1 Baths ⋅ 966264 MLS ⋅ James Harris

Enjoy the ease of no-step living in this charming 3BR, 1BA ranch! A ramp to the front door provides added accessibility, while the spacious floor plan offers hardwood floors and comfortable living throughout. The eat-in kitchen is perfect for everyday meals and gathering with family. Step outside to the expansive rear porch that spans the entire length of the home ideal for relaxing, entertaining, or enjoying the outdoors. A detached 2-car garage provides ample parking and storage. The large side lot offers endless possibilities, from creating your own private backyard oasis to potential future development. Lot is buildable per Warren County Planning and Zoning (buyer to verify buildability with Planning & Zoning). Seller is selling AS-IS

9344 Bruce Drive, Franklin

Courtesy of James Harris and Keller Williams Seven Hills

$155,000

2 Beds ⋅ 1 Baths ⋅ 966100 MLS ⋅ Rachele Pence

Fantastic investment or rental opportunity! This charming 2-bedroom, 1 full bath home offers classic character with beautiful wood floors and a spacious layout. The open pass-through between the living and dining rooms creates a connected feel while maintaining defined spaces. Enjoy relaxing on the covered front porch or spending time in the fenced backyard, perfect for pets, gardening, or outdoor entertaining. Whether you're looking to expand your investment portfolio or searching for an affordable place to call home, this property offers great potential and value. Don't miss this opportunity!

308 Forest Avenue, Franklin

Courtesy of Rachele Pence and RE/MAX Victory + Affiliates

$180,000

3 Beds ⋅ 2 Baths ⋅ 965421 MLS ⋅ Dana Kilian

Welcome Home to this charming property nestled on a cul-de-sac in the desirable High Ridge community, offering a prime location to shopping, dining and entertainment. Recently updated from top to bottom! This delightful home spans two stories, providing ample living space designed for modern lifestyles. Situated on a manageable 0.13 acre lot, this property offers an amazing balance of outdoor enjoyment without extensive upkeep. The tasteful exterior features a large welcoming front deck. Throughout the home there is beautifully updated LVP flooring and fresh, neutral interior paint. Kitchen is open to dining room and living room and all appliances convey. Spacious living room boasts a brick corner fireplace and plenty of space for everyday living. Pella sliding glass door leads from living room to relaxing backyard concrete patio, creating a perfect space for outdoor entertaining and relaxation. Centralized laundry/utility room is off kitchen and a convenient full bathroom completes the lower level. Garage has been converted into a large Bonus Room that could be easily be converted back into a garage or used as a 4th bedroom, office space, gym, or 2nd living room! Upstairs 3 large bedrooms offer tons of natural light and large closets. The updated full bathroom is a showstopper with gorgeous shower tile and modern vanity. Plenty of storage throughout home and so much potential to make it your own!

18 Highridge Court, Franklin

Courtesy of Dana Kilian and Coldwell Banker Heritage

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